Shockwave Medical Balance Sheet Health
Financial Health criteria checks 5/6
Shockwave Medical has a total shareholder equity of $751.8M and total debt of $732.8M, which brings its debt-to-equity ratio to 97.5%. Its total assets and total liabilities are $1.6B and $892.0M respectively. Shockwave Medical's EBIT is $168.6M making its interest coverage ratio -123.4. It has cash and short-term investments of $1.0B.
Key information
97.5%
Debt to equity ratio
US$732.81m
Debt
| Interest coverage ratio | -123.4x |
| Cash | US$1.03b |
| Equity | US$751.76m |
| Total liabilities | US$891.99m |
| Total assets | US$1.64b |
Recent financial health updates
Recent updates
Shockwave Medical, Inc.'s (NASDAQ:SWAV) 28% Jump Shows Its Popularity With Investors
Apr 06
Is Now An Opportune Moment To Examine Shockwave Medical, Inc. (NASDAQ:SWAV)?
Mar 24Shockwave Medical: Opening Arteries, Delivering Returns
Feb 28Shockwave Medical, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 18There's Been No Shortage Of Growth Recently For Shockwave Medical's (NASDAQ:SWAV) Returns On Capital
Feb 06Calculating The Fair Value Of Shockwave Medical, Inc. (NASDAQ:SWAV)
Jan 24Some Shareholders Feeling Restless Over Shockwave Medical, Inc.'s (NASDAQ:SWAV) P/E Ratio
Jan 09Financial Position Analysis
Short Term Liabilities: SWAV's short term assets ($1.3B) exceed its short term liabilities ($92.3M).
Long Term Liabilities: SWAV's short term assets ($1.3B) exceed its long term liabilities ($799.7M).
Debt to Equity History and Analysis
Debt Level: SWAV has more cash than its total debt.
Reducing Debt: SWAV's debt to equity ratio has increased from 11.7% to 97.5% over the past 5 years.
Debt Coverage: SWAV's debt is well covered by operating cash flow (27%).
Interest Coverage: SWAV earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/31 09:47 |
| End of Day Share Price | 2024/05/30 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shockwave Medical, Inc. is covered by 12 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Travis Steed | BofA Global Research |
| William Plovanic | Canaccord Genuity |
| Kristen Stewart | CL King & Associates, Inc. |